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Giantplus Technology Co (TPE:8105) Cyclically Adjusted Price-to-FCF : 29.69 (As of Jun. 05, 2024)


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What is Giantplus Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Giantplus Technology Co's current share price is NT$14.55. Giantplus Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.49. Giantplus Technology Co's Cyclically Adjusted Price-to-FCF for today is 29.69.

The historical rank and industry rank for Giantplus Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TPE:8105' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15   Med: 31.28   Max: 84.33
Current: 30.49

During the past years, Giantplus Technology Co's highest Cyclically Adjusted Price-to-FCF was 84.33. The lowest was 15.00. And the median was 31.28.

TPE:8105's Cyclically Adjusted Price-to-FCF is ranked worse than
50.16% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs TPE:8105: 30.49

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Giantplus Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$-0.195. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NT$0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giantplus Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Giantplus Technology Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Giantplus Technology Co Cyclically Adjusted Price-to-FCF Chart

Giantplus Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 52.23 49.28 22.30 22.85

Giantplus Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.81 22.65 16.30 22.85 28.54

Competitive Comparison of Giantplus Technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Giantplus Technology Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Giantplus Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Giantplus Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Giantplus Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Giantplus Technology Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Giantplus Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.55/0.49
=29.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Giantplus Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Giantplus Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.195/131.7762*131.7762
=-0.195

Current CPI (Mar. 2024) = 131.7762.

Giantplus Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.075 100.560 1.409
201409 1.444 100.428 1.895
201412 0.424 99.070 0.564
201503 -0.169 99.621 -0.224
201506 0.484 100.684 0.633
201509 1.357 100.392 1.781
201512 0.849 99.792 1.121
201603 -0.444 100.470 -0.582
201606 0.692 101.688 0.897
201609 0.565 101.861 0.731
201612 1.342 101.863 1.736
201703 -0.153 102.862 -0.196
201706 -7.524 103.349 -9.594
201709 1.644 104.136 2.080
201712 1.158 104.011 1.467
201803 -0.501 105.290 -0.627
201806 -0.514 106.317 -0.637
201809 -0.017 106.507 -0.021
201812 0.088 105.998 0.109
201903 0.144 107.251 0.177
201906 -0.287 108.070 -0.350
201909 0.087 108.329 0.106
201912 0.015 108.420 0.018
202003 -0.194 108.902 -0.235
202006 -0.910 108.767 -1.103
202009 0.104 109.815 0.125
202012 0.790 109.897 0.947
202103 0.112 111.754 0.132
202106 -0.394 114.631 -0.453
202109 0.175 115.734 0.199
202112 0.353 117.630 0.395
202203 -0.682 121.301 -0.741
202206 0.137 125.017 0.144
202209 1.069 125.227 1.125
202212 0.572 125.222 0.602
202303 0.677 127.348 0.701
202306 0.188 128.729 0.192
202309 0.268 129.860 0.272
202312 0.279 129.419 0.284
202403 -0.195 131.776 -0.195

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Giantplus Technology Co  (TPE:8105) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Giantplus Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Giantplus Technology Co (TPE:8105) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 15, Industrial Road, Lu-Chu Li, Miao-Li, Toufen, TWN
Giantplus Technology Co Ltd is a Taiwan-based company engaged in research, development, production, and sale of thin film transistor liquid crystal displays (TFT-LCDs). Geographically, it derives a majority of its revenue from Taiwan and also has a presence in other countries. Its product includes an LCD panel and module.

Giantplus Technology Co (TPE:8105) Headlines

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